Perhaps I was not specific enough ... as he was poor, he had nothing with which to secure the card. Assuming he was making $6 per hour ... if he wanted a $500 limit, and was working 12 hours per week, he would need 7 weeks to save enough for this card. If he has $500 in the bank to secure the $500 credit card, it now becomes a debit card.

And, speaking as someone who has spent thousands of $$$$ in getting "up to speed" in the new compliance laws, you may rest assured race is a MAJOR part of this.